Fishing Lines

“Teach all men to fish, but first teach all men to be fair. Take less, give more. Give more of yourself, take less from the world. Nobody owes you anything, you owe the world everything.” – Suzy Kassem

A political declaration has been published jointly by the UK Government and EU which aims to take the first small steps along the very long road between where we are right now with the Brexit Withdrawal Agreement out to the final trade deal and future relationship between the UK and EU beyond the expected transition period post March 2019.

Others will go through the whole thing in detail with far more competence than I can manage. I particularly recommend Ian Dunt’s Twitter thread here.

I do want to comment on one are in particular because it has already caused more than a bit of a fight up here in Scotland and as it does a good job of highlighting the political divisions involved in Brexit in certain interesting ways. Let’s discuss fishing.

RS-HMS-Scylla-colllides-with-Odinn-Credit-Ian-Newton

The UK/Iceland “Cod Wars”: The UK is no stranger to getting into a fight over fish

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As Many As Are Agreed

“No democratic nation has ever signed up to be bound by such an extensive regime, imposed externally without any democratic control over the laws applied, nor the ability to decide to exit the arrangement.” – Dominic Raab in his resignation letter as Brexit Secretary.

I pity the journalists who have to do this kind of thing for a living. Especially the ones who have to wait several hours before seeing their article in print. A week is a lifetime in politics. Today, an hour merely felt like one.

BrexitAgreement

The Brexit Withdrawal Agreement has finally been agreed between the EU and UK negotiating teams. It has also been agreed by the Cabinet of the government – albeit only “collectively” (read: not unanimously – merely by majority. Rumours speak of an 18-11 vote). It now needs to be passed by the UK and EU Parliaments and then it’s done. So…what could go wrong?

So, what’s in it and what has happened

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Excluding Growth

“Anyone who thinks that you can have infinite growth on a finite planet is either a madman or an economist” – David Attenborough

I have a bit of a bugbear about the way many of us approach economics and the future potential of things like an independent Scotland. We focus rather too much on chasing after “growth”.

This focus permeates much of our thinking about the economy and what we should do to improve it. It frames our analysis of policy to the point where we can sometimes struggle to imagine any kind of alternative. “Growth is good”…even when it’s not.

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But we live in an economy where we have experienced near-constant growth for decades. We have not all been equal participants in that growth. Of the nearly $4.5 trillion added to global GDP between 2016 and 2017, 82% of it was captured by the richest 1% of people. The poorest 50% of people saw no increase in their wealth at all.

Faced with such rampantly growing inequality, there have been steps taken to try to, if not solve the problem, at least make a it more palatable to voters.

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